Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

A subsidiary of digital media company ByteDance has paid an undisclosed amount for a 45.2% stake in China-based game studio Shanghe Internet Technology, Kr Asia reported on Tuesday. Shanghe Internet’s portfolio includes a tie-in game to Chinese television drama Ruyi’s Royal Love in the Palace. Times Internet, the online services subsidiary of media company Bennett…

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